NFTs

Contents Introduction What is a blockchain? What is an NFT(Non-Fungible Token)? Which blockchain, an NFT is built on? Summary Introduction NFTs (non-fungible tokens) are digital assets that are stored and tracked on a blockchain. They represent digital items such as artwork, collectibles, and digital media. The blockchain provides a secure and immutable record of ownership, which makes it difficult to counterfeit or alter NFTs. Furthermore, NFTs can be used to create digital scarcity, as the supply of each NFT is fixed. This creates a unique market for digital goods, as scarcity can drive up their value. NFTs also provide an…